Matsiloje Cement in six-year loss making streak

Matsiloje Cement Co.PIC MORERI SDEJAKGOMO
Matsiloje Cement Co.PIC MORERI SDEJAKGOMO

FRANCISTOWN: A senior official at the cement company, Matsiloje Portland Cement (MPC) has disclosed that the company has been making serious losses since its inception six years ago.

MPC is a 100% subsidiary of Nortex Textiles.

The company’s managing director, Mukesh Josh told Businessweek in an interview that the company lost P13 million in its six years of operation. 

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Keep your mask close

Wearing of masks behind closed doors has been mandatory following the government’s August decision that the public was freed from masking in outdoor spaces.According to a press statement from the ministry, all other remaining COVID-19 protocols such as social distancing in schools and requirements for vaccination or PCR tests at ports of entry have also been relaxed.Statistics still show that hundreds still die daily due to the pandemic around...

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